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You bought a ten-year zero-coupon bond at a 4% YTM. You intend to sell it in one year. How much must the market yield go
You bought a ten-year zero-coupon bond at a 4% YTM. You intend to sell it in one year. How much must the market yield go up or down so that you break even? Indicate BOTH the new yield AND whether it goes up or down. Assume semi annual compounding.
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